Reliable Life Ins. Co. of St. Louis v. Cook

HODGES, Justice.

This is an appeal by appellant, J. J. Cook, from the entry of a deficiency judgment of $247,611.84 against him following the foreclosure sale of an apartment complex owned by appellant.

On June 17, 1974, a foreclosure judgment was entered against appellant for $933,-375.62, plus 10% interest from September 1, 1974, until paid, and for $93,337.56 in attorney’s fees. A public sale of the property was held August 5, 1975, whereby appellee purchased the property for $620,100 which met the two-thirds of market value requirement. 1 Appellee also filed a motion to confirm the sale on…